Tovala, the first-ever meal service paired with a countertop smart oven that scans, steams, bakes, and broils its chef-crafted meals, announces the close of a $30M Series C funding round led by Left Lane Capital, with participation from previous investors Finistere Ventures, Comcast Ventures, OurCrowd, Origin Ventures, Pritzker Group Venture Capital, and Joe Mansueto.
Infrabaker, Germany, released the Infrabaker 6.1.6. oven, designed to cook, color, melt, disinfect and mature a wide range of food products such as bacon, chicken, burgers, salmon, dough, vegetables and cheese.
Baxter, Orting, Wash., introduced the VersaOven, a new kind of kitchen equipment that combines the best features of rotisserie, convection and combi ovens into a space-saving oven category all its own.
The capital raised will be used to support Tovala’s growth, including adding staff across all departments, geographic expansion and investment in product, operations, technology and marketing.
February 6, 2018
Tyson Foods, Inc., Springdale, Ark., through its corporate venture subsidiary Tyson Ventures, invested in Tovala, a Chicago-based food startup that manufacturers smart countertop steam ovens with fresh ready-to-cook meals.
Alto-Shaam, Menomonee Falls, Wis., partnered with Appliance Innovation, Dallas, Texas, to expand its Vector Series Multi-Cook Oven line with the F Series full-size electric models.
Alto-Shaam, Menomonee Falls, Wis., partnered with Appliance Innovation, Dallas, Texas, to develop the Vector Series Multi-Cook Oven, which offers up to four ovens in one.
Bel-Ray, Farmingdale, N.J., released No-Tox Food Grade Oven Chain Lubricant for use on chains, conveyors and bearings found in high-temperature commercial ovens.
WP Bakery, Shelton, Conn., introduced the new WP RIEHLE ITES, a high-speed oven that uses specialized infrared (patent-pending) technology to quickly defrost frozen baked goods, then quickly bake, toast, crisp and/or brown the food.